Consultant Arup is facing a new litigation action in Australia over toll road traffic forecasts that have proved optimistic.
Australian litigation firm Bentham IMF Ltd has filed court proceedings seeking A$50m from Arup on behalf of 30 investors who suffered losses after putting money into the Brisbane Airport Link toll road.
BrisConnections Unit Trusts – a consortium of Macquarie Group Ltd and Leighton Holdings Ltd – won the contract to build the road and appointed...
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